Press Release Summary = This latest e-Book was written for frustrated and angry forex traders, especially news traders, who feel they\'ve been given the shaft by their brokerages. It seems that if you get "tagged" as a news trader or scalper, you\'ll find yourself experiencing more problems than most position traders. This new e-Book will explore some possible ways you can protect yourself.
Press Release Body = This latest e-Book was written for frustrated and angry forex traders, especially news traders, who feel they\'ve been given the shaft by their brokerages. I went on a rampage several months ago, fueled by my own anger and frustration, to find an honest brokerage. What I discovered during my research was so disheartening that I honestly felt like quitting forex trading forever! What I discovered about brokerages was truly shocking and very disturbing.
Let\'s face it, it\'s not easy to learn how to trade the forex market, and then it\'s not easy to learn technical analysis. And then to practice for hours, days, weeks, months, years, just to go blind and broke! Why is this? Is it because we just don\'t have what it takes? Do our trading skills truly suck or is our sub-conscious sabotaging us?
Do the statistics lie? Do 95% of forex traders not have what it takes? How can this be? What is so against us? Are "we the enemy" of ourselves? Or is something else going on? What am I talking about? I\'m talking about the brokerages themselves.
It seems that we aren\'t really trading at all. No. We are gambling.
If we have spent months and years honing our trading skills and our mental and emotional disciplines are ok, then why can\'t we make decent money, even get rich like all those forex strategies proclaim and promise?
Well, did you know that if you\'re a news trader, then you\'ve been tagged as a "witch" by your brokerage and now the games against you have started. If you\'re a news trader, you\'ve probably experienced what I like to call the "witch hunt". Stop hunting, that is.
Programmed slippage too. How about freezing platforms? Would you be shocked to learn that your brokerage can block your IP address during a news trade so you can\'t access your platform? It\'s been known to happen. I\'ll show you where to read these horror stories in the forums.
And what about spreads widening to 30 pips before, during and after a news release? What about spreads widening even without a news release, for no good reason?
If you want to trade the news, you have to accept that slippage, re-quotes, bad fills, stop hunting, slow responses or even freezing of the platform, etc., will occur. It\'s called \"the cost\" of trading a high reward strategy.
However, it seems that if you get "tagged" as a news trader or scalper, you\'ll find yourself experiencing more problems than most position traders.
This new e-Book will explore some possible ways you can protect yourself.
The Perils, Pitfalls and Rewards of Trading the U.S. News Releases is the latest forex trading e-book written by Cynthia Macy, Co-Author of the very popular Day Trade Forex e-books.